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May jobs numbers: Unemployment up
The latest jobs report shows while payroll exploded, unemployment rose once more. The unemployment rate now sits at 4%, marking the first time in more than two years that the jobless rate is not below 4%. Richard Stern of the Heritage Foundation joins LiveNOW from FOX.
Trade jobs in the U.S. are in a renaissance with high demand for skilled workers and waning interest in college among young adults.
The shortage of workers in the trades has driven up the pay, making those positions more attractive and the training a better payoff than a four-year college degree, in many instances.
FILE - Trade jobs in the U.S. are going through a renaissance. (Scott Olson/Getty Images/File)
Using data from the U.S. Bureau of Labor Statistics, job site Indeed recently reported that the average salary for a trade job in America is $61,900, but several occupations pay much more, even just starting out.
HIGHEST-PAYING JOBS RIGHT OUT OF SCHOOL
Here are the highest-paying trade jobs in 2024, according to Indeed:
- Ultrasonographer: $131,161
- Respiratory therapist: $104,437
- Dental hygienist: $99,013
- Construction manager: $88,319
- Aircraft mechanic: $82,846
FILE - Aircraft mechanics at work. (George Frey/Getty Images/File)
- Cable technician: $70,714
- Industrial mechanic: $69,637
- Solar installer: $69,442
- Real estate appraiser: $64,075
- Electrician: $62,739
- Licensed practice nurse: $59,125
- Wind turbine technician: $58,005
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The shortage of trade workers has led to elevated demand across the economy, particularly in the construction field, where the dearth of skilled workers is contributing to a shortage of housing across the country.
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The 2024 U.S. Trade Report from ProTool Reviews focused on that industry and highlighted the best-paying trade jobs in the sector.
Here are the highest-paying construction-related trades, according to ProTool Reviews:
- Elevator and escalator installer: $100,060
- Electrical power line installer: $85,900
- Aircraft mechanics technician: $76,260
- Boilermaker: $73,840
- Telecommunications installer: $69,040
- Ironworker: $68,220
FILE - Two rodbuster ironworkers use pliers to attach rebar during the construction of the new 6th Street Bridge in Los Angeles on June 3, 2022. (Gary Leonard/Getty Images)
- Pipefitter, plumber and steamfitter: $67,840
- Electrician: $67,810
- Wind turbine technician: $65,380
- Millwright: $64,310
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